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2017-11-29 06:13:33

CNHI

CNH Industrial

$12.81

-0.05 (-0.39%)

06:13

11/29/17

11/29

06:13

11/29/17

06:13

CNH Industrial upgraded to Buy from Neutral at Citi

Citi analyst Timothy Thein upgraded CNH Industrial to Buy and raised his price target for the shares to $15 from $13.75. The analyst sees "significant upside" to out-year consensus estimates from both improving fundamentals and capital return benefits. He thinks accelerating capital returns can help to drive the next leg of stock outperformance.

CNHICNH Industrial

$12.81

-0.05 (-0.39%)

05/01/17

JPMS

05/01/17UPGRADETarget $10JPMSNeutral

CNH Industrial upgraded to Neutral from Underweight at JPMorgan

JPMorgan analyst Ann Duignan upgraded CNH Industrial (CNHI) to Neutral following the company's Q1 results and raised her price target for the shares to $10 from $8. European fundamentals are not as bad as anticipated while Latin America production continues to rise, the analyst contends. Duignan this morning also upgraded AGCO (AGCO) to Neutral and kept an Underweight rating on Deere (DE). She raised her price target for Deere shares to $94 from $90.

06/19/17

BOFA

06/19/17UPGRADETarget $15BOFABuy

CNH Industrial upgraded to Buy from Neutral at BofA/Merrill

BofA/Merrill analyst Ross Gilardi upgraded CNH Industrail to Buy from Neutral and increased its price target to $15 from $10.50 saying trends in the North American ag market are bottoming and sees material positive earnings revisions on the back of Deere's (DE) May 19 results. Gilardi said North American dealer large equipment inventories have come down significantly and industry consolidation has picked up. He believes CNH is a willing seller of its Construction and Commercial vehicles if the right cash offer comes along.

07/13/17

GHSC

07/13/17UPGRADETarget $14GHSCBuy

CNH Industrial upgraded to Buy from Neutral at Seaport Global

Seaport Global analyst Michael Shlisky upgraded CNH Industrial to Buy and raised its price target to $14 from $11 saying positive headwinds in global agricultural fundamentals outweigh the negatives. Shlisky said CNH dealer Construction Equipment checks in the NAFTA region indicate retails sales growth will be in the mid-to-high single digits this year, while CNH's industry guidance remains flat and competitors indicate growth for the year.

Snap Inc. (SNAP) is banning ads of initial coin offerings in its Snapchat app, Cheddar reports, citing a company spokesperson. The decision makes Snapchat the latest social media platform to prohibit advertisements for cryptocurrency ICOs, the report says. In contrast to Facebook (FB) and Google (GOOG), however, Snap's current block of ICOs has been in effect since early February and does not apply to different kinds of cryptocurrency ads, the report says. Reference Link

Airbus (EADSY) is mulling making a freighter version of its slow-selling A330neo widebody, spurred by requests from potential customers Amazon (AMZN) and UPS (UPS), Bloomberg reports, citing people familiar with the matter. The interest from Amazon and UPS could incite a competition between Airbus and rival Boeing (BA) as the worldwide air-cargo market rebounds from a slump, the report notes.

Facebook's chief information security officer, Alex Stamos, will leave the company after internal disagreements over how the social network should deal with its role in spreading disinformation, The New York Times reports, citing current and former employees briefed on the matter. Reference Link

Amazon has considered the possibility of expanding its retail footprint by acquiring some stores from bankrupt Toys 'R' Us, Bloomberg reports, citing people with knowledge of the situation. The e-commerce giant is not interested in maintaining the Toys 'R' Us brand, but has mulled using the soon-to-be-vacant stores for its own purposes, the report says. Reference Link

President Trump is readying to place a package of $60B in annual tariffs against China, following through on a long-time threat that he claims will punish China for IP infringement and create more jobs in the U.S., the Washington Post reports. The tariff package, which the president intends to unveil by the end of the week, was confirmed by four senior administration officials, the report notes. Senior aides has presented Trump with a $30B tariff package that would apply to a variety of products, but the president directed them to approximately double the amount of new trade levies, the report says. The package could be applied to over 100 products, which the president contends were made by using trade secrets that the Chinese stole from U.S. companies or forced them to hand over in exchange for market aces, the report says. Reference Link